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Stamp Duty Qld : How to Calculate Transfer Duty on Multiple Transactions

Stamp Duty Qld : How to Calculate Transfer Duty on Multiple Transactions

Combining Dutiable Transactions The transfer duty on multiple dutiable transactions must be added together and treated as a single transaction. These transactions can only be combined however when they are ‘related’ - meaning they form one arrangement or are ‘aggregated’ based on certain factors. Aggregation of dutiable transactions is compulsory under section 30 of the Duties Act 2001. When addi..... Read more

Conveyancing Finance Approval Help for Buyers

Conveyancing Finance Approval Help for Buyers

We’ve compiled our conveyancing buyer's information for finance approval but don’t hesitate to contact us today if you’d like a fixed quote for your new conveyancing contract in Queensland. Don't overpay for conveyancing, our dedicated Brisbane based conveyancing solicitors can help you through the conveyancing process without any hidden extra costs. Conveyancing Finance Approval Help for Buyers ..... Read more

First Home Loan Deposit Scheme

First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme (‘FHLDS’) was announced during the recent Federal election. The new rules state that first time buyers need now only save a 5% deposit when they purchase a new property. Currently most banks and financiers require a 20% deposit before they will consider providing finance for the purchase of a residential property. The FHLDS will guarantee loans through the Nation..... Read more

Buyers of Units Beware

Buyers of Units Beware

COMBUSTIBLE CLADDINGOn the 1st of October 2019 the State Government amended the Building Regulation with the Building and other Legislation (Cladding) Amendment Regulatory.The changes require all building owners of residential units to complete a checklist by the 29th of March 2019. This is to be done by the body corporate.Further, after 1 October 2018, Sellers of residential units are required to..... Read more

Queensland First Home Owners’ Grant

Queensland First Home Owners’ Grant

The Queensland first home owners’ grant is a state government initiative to help first owners to get their new first home sooner. Depending on the date of your contract, you’ll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). You can even buy off the plan or choose to build yourself. It’s a great opportunity to buy or build a new h..... Read more

Brisbane Conveyancing and pool fencing

Brisbane Conveyancing and pool fencing

Questions often arise during Brisbane Conveyancing and pool fencing regulations. When there is doubt about the approvals for pool fencing, buyers and sellers will add a clause to place responsibility with one or other party. For the seller to take responsibility there is this standard clause. For the buyer to take responsibility there is a standard clause. At River City Conveyancing we welcome cal..... Read more

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